Friends of Stockton Inc

Analysis

Friends of Stockton Inc is a registered charity in United States, based in Jacksonville, FL. It received its IRS tax-exemption ruling in September 2015, 11 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Friends of Stockton Inc reported income of $92k and spending of $24k, leaving 74% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $57k to $92k (+62%), an average of +62% a year. The sharpest change came in the year to December 2023, when income rose by 62%. Over the whole period it spent 77% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Friends of Stockton Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 38th percentile within FL. Charities of a similar size with the same main cause include McAllen Rotary Fund ($92k), Hearts & Hands Scholarship Fund ($92k) and Brian Steven Messier Scholarship Fund Eghs ($92k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 45% of the total. At year end it held assets of $101k against liabilities of $0, net assets of $101k.